The business manager of the Eldred Central School District faces up to seven years in prison after being arrested for stealing over $20,000 of school district funds.
William Thornton, 49, of Monticello, has been charged with two counts of third degree grand larceny and one count of first degree falsifying business records, both felonies.
On Nov. 17, 2012, it was reported to State Police that $20,000 had been stolen from a school district account. An investigation into the theft revealed that Thornton, the district’s business manager, had stolen the funds by electronically transferring the money out of the school district’s account on two separate occasions, police said.
Thornton was arraigned in the Town of Highland Court and released upon posting $20,000 bond.
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